Vodafone moves into Mexico with purchase of 34.5% of Iusacell

Article Abstract:

Vodafone Group PLC has acquired a minority share of Mexico-based Grupo Iusacell SA for $973.4 million (1.02 billion euros). Iusacell is the second-ranked wireless carrier in Mexico.

United Kingdom, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Cellular Mobile Radio Services, Mergers, acquisitions and divestments, Cellular telephone services industry, Cellular telephone services, Vodafone Group PLC, Grupo Iusacell S.A. de C.V.

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Azteca president plans credit for wireless company Unefon

Article Abstract:

Azteca SA President Ricardo Salinas is planning to extend Unefon SA a credit facility that will be backed by the former. The credit facility is valued at $80 million (94.2 million euros).

Television Broadcasting, Television broadcasting stations, Planning, Television broadcasting industry, Salinas, Ricardo, TV Azteca S.A. de C.V., Unefon S.A.

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NextWave obtains $2.5 billion to aid in debt financing

Article Abstract:

NextWave Telecom Inc. has received new debt financing from UBS Warburg as its comes out of bankruptcy protection. NextWave has secured $2.5 billion (2.74 billion euros) in debt financing from UBS Warburg.

United States, Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers, Use of Funds, Securities industry, NextWave Telecom Inc., UBS Warburg L.L.C.

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